DAVID PRICE - Corporate Board Profile

PRICESMART INC

Filing Date	Source Excerpt
2021-12-17	David Price has served as PriceSmarts Vice President Omnichannel Initiatives & Social and Environmental Responsibility since September 2020 and co-manages the Companys Environmental and Social Responsibility strategy. Prior to his current role, Mr. Price was employed by the Company in various positions related to the development of the Companys digital strategy and initiatives since July 2017, most recently as Director of Ecommerce from August 2018 until August 2020. Before joining PriceSmart, Mr. Price was a graduate student at the University of California San Diego School of Global Policy and Strategy and a member of the faculty and field instructor for the National Outdoor Leadership School leading extended wilderness expeditions in Alaska and Baja California, Mexico. In addition to his role at PriceSmart, Mr. Price is Chairman of the Board of the Wildcoast Foundation, a binational nonprofit that works on coastal conservation efforts and natural solutions to climate change in Mexico and in California. Mr. Price also serves on the board of the Aaron Price Fellows Foundation and serves on the Directors and Advisory Councils of the Scripps Institution of Oceanography and Outdoor Outreach. Mr. Price received his Masters in International Affairs from the University of California San Diego School of Global Policy and Strategy and his Bachelor of Science in Public Policy and Management from the University of Southern California. The Board of Directors recognizes the importance of maintaining a strong connection to the legacy of our founders Sol Price and Robert Price as the company evolves, and the Board appreciates how meaningful that legacy is to our in-country employees. Mr. Price also has been a leader in our ecommerce transformation and our environmental and social responsibility initiatives, and the Board believes including him on the Board of Directors will demonstrate to our stakeholders the significance of these matters to the Board of Directors and our company. For these reasons, the Board has concluded that Mr. Price should serve as a director of the Company.
2022-12-16	David N. Price has been a director of the Company since February 2022. Mr. Price has been an employee of the Company since July 2017 and has recently been named Executive Vice President and Chief of Staff to the Chairman of the Board. Effective February 3, 2023, Mr. Price will assume the additional responsibility as Chief of Staff to the Company’s Interim Chief Executive Officer, Robert Price. From August 2021 to December 2022, Mr. Price served the Company as Vice President for Environmental and Social Responsibility and had previously served as the Company’s Vice President for Omnichannel Initiatives and Environmental and Social Responsibility. From August 2018 to August 2020, Mr. Price was Director of Ecommerce. Mr. Price serves as President of the newly established Pricesmart Foundation, a California nonprofit corporation serving as a philanthropic partner to the Company and providing grants to nongovernmental organizations focused on youth development, economic development, and community and environmental resilience in PriceSmart countries. Mr. Price also serves as Vice President of Price Philanthropies Foundation, a private family foundation working to transform the lives of youth and families through grant making and youth programs, and as Chairman of the Board of the Wildcoast Foundation, a binational nonprofit that works on coastal conservation efforts and natural solutions to climate change in Mexico and in California. In addition, Mr. Price serves on the board of the Aaron Price Fellows Foundation and serves on the Director’s Councils of The USC Price School of Public Policy and The Scripps Institution of Oceanography. Mr. Price received his Master’s in International Affairs from the University of California San Diego School of Global Policy and Strategy and his Bachelor of Science in Public Policy and Management from the University of Southern California. Mr. Price is Robert Price’s son. Mr. Price has been a leader in our ecommerce transformation and our environmental and social responsibility initiatives, and the Board believes including him on the Board of Directors will demonstrate to our stakeholders the significance of these matters to the Board of Directors and the Company.

Filing Date

Source Excerpt

2021-12-17

David Price has served as PriceSmarts Vice President Omnichannel Initiatives & Social and Environmental Responsibility since September 2020 and co-manages the Companys Environmental and Social Responsibility strategy. Prior to his current role, Mr. Price was employed by the Company in various positions related to the development of the Companys digital strategy and initiatives since July 2017, most recently as Director of Ecommerce from August 2018 until August 2020. Before joining PriceSmart, Mr. Price was a graduate student at the University of California San Diego School of Global Policy and Strategy and a member of the faculty and field instructor for the National Outdoor Leadership School leading extended wilderness expeditions in Alaska and Baja California, Mexico. In addition to his role at PriceSmart, Mr. Price is Chairman of the Board of the Wildcoast Foundation, a binational nonprofit that works on coastal conservation efforts and natural solutions to climate change in Mexico and in California. Mr. Price also serves on the board of the Aaron Price Fellows Foundation and serves on the Directors and Advisory Councils of the Scripps Institution of Oceanography and Outdoor Outreach. Mr. Price received his Masters in International Affairs from the University of California San Diego School of Global Policy and Strategy and his Bachelor of Science in Public Policy and Management from the University of Southern California. The Board of Directors recognizes the importance of maintaining a strong connection to the legacy of our founders Sol Price and Robert Price as the company evolves, and the Board appreciates how meaningful that legacy is to our in-country employees. Mr. Price also has been a leader in our ecommerce transformation and our environmental and social responsibility initiatives, and the Board believes including him on the Board of Directors will demonstrate to our stakeholders the significance of these matters to the Board of Directors and our company. For these reasons, the Board has concluded that Mr. Price should serve as a director of the Company.

2022-12-16

David N. Price has been a director of the Company since February 2022. Mr. Price has been an employee of the Company since July 2017 and has recently been named Executive Vice President and Chief of Staff to the Chairman of the Board. Effective February 3, 2023, Mr. Price will assume the additional responsibility as Chief of Staff to the Company’s Interim Chief Executive Officer, Robert Price. From August 2021 to December 2022, Mr. Price served the Company as Vice President for Environmental and Social Responsibility and had previously served as the Company’s Vice President for Omnichannel Initiatives and Environmental and Social Responsibility. From August 2018 to August 2020, Mr. Price was Director of Ecommerce. Mr. Price serves as President of the newly established Pricesmart Foundation, a California nonprofit corporation serving as a philanthropic partner to the Company and providing grants to nongovernmental organizations focused on youth development, economic development, and community and environmental resilience in PriceSmart countries. Mr. Price also serves as Vice President of Price Philanthropies Foundation, a private family foundation working to transform the lives of youth and families through grant making and youth programs, and as Chairman of the Board of the Wildcoast Foundation, a binational nonprofit that works on coastal conservation efforts and natural solutions to climate change in Mexico and in California. In addition, Mr. Price serves on the board of the Aaron Price Fellows Foundation and serves on the Director’s Councils of The USC Price School of Public Policy and The Scripps Institution of Oceanography. Mr. Price received his Master’s in International Affairs from the University of California San Diego School of Global Policy and Strategy and his Bachelor of Science in Public Policy and Management from the University of Southern California. Mr. Price is Robert Price’s son. Mr. Price has been a leader in our ecommerce transformation and our environmental and social responsibility initiatives, and the Board believes including him on the Board of Directors will demonstrate to our stakeholders the significance of these matters to the Board of Directors and the Company.